CloudMD Software & Services (TSE:DOC) has released an update.
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CloudMD Software & Services Inc. is set to resume trading on the TSX Venture Exchange after addressing a cease trade order by filing its 2023 financial statements. The company also confirmed details of its impending go-private transaction with CPS Capital, valuing the company at approximately $37 million, which includes debt repayments and other liabilities. CloudMD has secured interim financing arrangements to support operations until the transaction is finalized, which is critical for its continued viability.
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